RBC Microcap Value’s unsophisticated quant approach coupled with minimal management oversight leaves much to be desired, but the backing of a strong steward and its alpha potential within the small-value Morningstar Category earn both share classes an upgrade to a Morningstar Analyst Rating of Neutral.
Will RMVIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RMVIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RMVIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of RMVIX’s parent organization’s priorities and whether they’re in line with investors’ interests.